According to BlockBeats, a recent survey conducted by CoinGecko on August 18, 2024, reveals that approximately 54% of participants believe that NFTs will not recover in the current market cycle. Among these, 29.5% are firmly convinced that NFTs will not bounce back, while 24.7% remain bearish on the NFT market.

Additionally, 26.4% of the survey participants hold a neutral stance on the recovery of NFTs during this cycle. Only a minority of 19.4% still harbor hope for a resurgence of NFTs in the current market phase. However, builders and observers are more optimistic about the recovery of NFTs compared to investors and traders. Specifically, 28.9% of builders and 29.1% of market observers believe that NFTs will recover in the near future, whereas only 17.1% of investors and 20.9% of traders share this optimism.